Best Buy Co. Inc. launched its College Innovator Fund this week, a national search to find the next big idea in the technology, sustainability and education fields. The initiative gives college students a chance to win a total of $100,000 in prizes.

From now to Aug. 14, participants can describe their innovation in a two-minute video submitted to the Best Buy Facebook page. A panel of judges will pick the $50,000 grand prize winner and the two $20,000 runners-up. Fans will select the winner of the $10,000 fan favorite prize from a group of 10 finalists.

“At Best Buy we understand the impact that technology and entrepreneurialism can have on our society,” said Stephen Gillett, President, Best Buy Digital, Global Marketing & Strategy. “Students are often at the helm of this forward thinking so what better time to provide a national platform to help them introduce and support these ideas than during the back to campus season. Through Best Buy’s College Innovator Fund we are uncovering the next generation of innovators that will advance and improve the way we connect with the world around us.”